S2E1: How to stay ahead of inflation in Singapore: Economist

Synopsis: The Straits Times analyses Singapore's latest news and announcements.  A new report by Singapore's largest bank DBS, states that 40% of DBS' retail customers saw their income growth lagging inflation over the past year. This comes as DBS raised interest rates for its multiplier deposit account, in a first across-the-board move by a local bank to offer customers higher returns on their regular savings amid the rising rate environment. Senior economist at DBS Irvin Seah discusses the report's findings and gives tips on how to stay ahead of inflation. Produced by: ST Video team Edited by: ST Video team Follow ST Podcasts channel: Channel: https://str.sg/wukV Apple Podcasts: https://str.sg/wukK Spotify: https://str.sg/wukH Google podcasts: https://str.sg/wukr SPH Awedio app: https://www.awedio.sg/ Website: http://str.sg/stpodcasts Feedback to: [email protected]  --- Discover ST's special edition podcasts: Singapore's War On Covid: https://str.sg/wuJa The Unsolved Mysteries of South-east Asia: https://str.sg/wuZ2 Stop Scams: https://str.sg/wuZB Invisible Asia: https://str.sg/wuZn --- Discover more ST podcast series: Asian Insider: https://str.sg/JWa7 Green Pulse: https://str.sg/JWaf Health Check: https://str.sg/JWaN In Your Opinion: https://str.sg/w7Qt Your Money & Career: https://str.sg/wB2m SG Extra: https://str.sg/wukR #PopVultures: https://str.sg/JWad ST Sports Talk: https://str.sg/JWRE Bookmark This!: https://str.sg/JWas Lunch With Sumiko: https://str.sg/J6hQ Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts!See omnystudio.com/listener for privacy information.